Commission Communication - Reinforcing sanctioning regimes in the financial sector (8 December 2010)
In this Communication, the Commission presented policy orientations on how to promote convergence and reinforcement of national sanctioning regimes in the financial services sector. The Communication envisages EU legislative actions to set EU minimum common standards on certain key issues of sanctioning regimes. Such standards are to be developed in the framework of common basic principles and adapted to the specifics of the different sectors and EU legislative acts in the financial services area. A public consultation was launched on the actions envisaged in the Communication. The contributions received and the feedback statement are published.
|08.12.2010||Strengthening sanctions for violations of EU financial services rules: the way forward|